TASEKO MINES LTD.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TGB
ISIN:	CA8765111064

TASEKO MINES LTD. - 1H - Technical analysis published on 05/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

17%

11%

My opinion

Bullish above 2.62 USD

My targets

2.71 USD (+2.26%)

2.91 USD (+9.70%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TASEKO MINES LTD. as long as the price remains well above 2.62 USD. The buyers' bullish objective is set at 2.71 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.91 USD. If there is any crossing, the next objective would be the resistance located at 3.51 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

TASEKO MINES LTD. rating 2.65 USD. On the day, this instrument gained +3.11% and was traded between 2.59 USD and 2.66 USD over the period. The price is currently at +2.32% from its lowest and -0.38% from its highest.

2.59

2.66

2.65

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TASEKO MINES LTD.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on TASEKO MINES LTD. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of TASEKO MINES LTD. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.54	2.58	2.62	2.65	2.66	2.71	3.51
Change (%)	-4.15%	-2.64%	-1.13%	-	+0.38%	+2.26%	+32.45%
Change	-0.11	-0.07	-0.03	-	+0.01	+0.06	+0.86
Level	Minor	Intermediate	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.46	2.50	2.53	2.57	2.60	2.64	2.67
Camarilla	2.55	2.56	2.56	2.57	2.58	2.58	2.59
Woodie	2.47	2.50	2.54	2.57	2.61	2.64	2.68
Fibonacci	2.50	2.52	2.54	2.57	2.59	2.61	2.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.19	2.30	2.43	2.54	2.67	2.78	2.91
Camarilla	2.48	2.51	2.53	2.55	2.57	2.59	2.62
Woodie	2.19	2.31	2.43	2.55	2.67	2.79	2.91
Fibonacci	2.30	2.40	2.45	2.54	2.64	2.69	2.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.59	1.87	2.16	2.44	2.73	3.01	3.30
Camarilla	2.30	2.36	2.41	2.46	2.51	2.57	2.62
Woodie	1.61	1.87	2.18	2.44	2.75	3.01	3.32
Fibonacci	1.87	2.08	2.22	2.44	2.65	2.79	3.01

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	67.45
MACD (12,26,9):	0.0200
Directional Movement:	19.06
AROON (14):	-78.57
DEMA (21):	2.59
Parabolic SAR (0,02-0,02-0,2):	2.53
Elder Ray (13):	0.06
Super Trend (3,10):	2.51
Zig ZAG (10):	2.65
VORTEX (21):	1.1000
Stochastique (14,3,5):	43.59
TEMA (21):	2.59
Williams %R (14):	-7.69
Chande Momentum Oscillator (20):	0.08
Repulse (5,40,3):	3.2400
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	1.30

MA7:	2.55
MA20:	2.48
MA50:	2.26
MA100:	1.85
MAexp7:	2.60
MAexp20:	2.56
MAexp50:	2.52
MAexp100:	2.49
Price / MA7:	+3.92%
Price / MA20:	+6.85%
Price / MA50:	+17.26%
Price / MA100:	+43.24%
Price / MAexp7:	+1.92%
Price / MAexp20:	+3.52%
Price / MAexp50:	+5.16%
Price / MAexp100:	+6.43%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on TASEKO MINES LTD. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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